coca cola company sustainability report 2020

"Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. Brussels, Brussels Region, Belgium. %%EOF Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Gurugram, Haryana, India. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. The Coca-Cola Company - Encyclopedia Britannica | Britannica . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability 2020 Business, Environmental, Social & Governance - The Coca-Cola Company In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." eaha@LlQx6. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Tea and coffee declined 15% for the quarter and 17% for the year, primarily driven by coronavirus-related pressure on Costa retail stores, along with pressure on the doadan tea business in Turkey. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. ET. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Organic revenues (non-GAAP) declined 17%. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results Led byCoca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite,Coca-ColaZero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. Annual Reviews :: The Coca-Cola Company (KO) Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Financial Results :: The Coca-Cola Company (KO) The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. Concentrate sales were 3 points behind unit case volume due to cycling the timing of shipments in China in the prior year, partially offset by two additional days in the quarter. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. Email Alerts. For Costa non-ready-to-drink beverage products, "concentrate sales" represents the amount of coffee beans and finished beverages (in all instances expressed in equivalent unit cases) sold by the company to customers or consumers. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 4761 0 obj <> endobj Therefore, the percent change is not meaningful. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn About . Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Coca-Cola HBC has been awarded a gold medal in The Sustainability Yearbook 2021, which ranks company sustainability performance by industry, according to their | 10 comments on LinkedIn We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. We aim to create a more sustainable and better shared future. Careers; . Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. The global initiative launched in 2018 focuses on designing, collecting and partnering. Report. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. Introduction to Sustainability Coursera Issued Nov 2020. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. Coca-Cola Shares Sustainability Progress - News & Articles Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Explore our Purpose & Vision, History and more. 2021 Integrated Report; Integrated Annual Report 2020. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. . In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. The Coca-Cola System in India releases Sustainability Update 2020-21 For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". For 14+ years, I have worked at the intersection of Public Policy, ESG and Communications for: The United Nations, The Coca-Cola Company, Unilever and Diageo. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. Coca-Cola cleans up record on water usage | Reuters Events We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions PDF GRI SASB TCFD SDGs - The Coca-Cola Company This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. We act in ways to create a more sustainable and better shared future. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. 2020 Annual Review. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. 2019 Annual Review. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. | Learn more about Oluwatobiloba Kajero's work experience, education . We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. ", Business Environment and Strategic Actions Update. Short-Term Experience as Commercialization Manager. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Similar programs launched in Ethiopia and Tanzania. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. Proxy Statements; Annual Reviews; 2021 Annual Review. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. And we will do all of this while maintaining a 100% or more global water replenishment rate.. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. Extending a global pay equity analysis to ensure employees in equal or similar jobs are paid fairly, without regard to gender (globally) or race/ethnicity (in the U.S.). This was partially offset by growth in China, Brazil and Nigeria. CocaCola . Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. We act in ways to create a more sustainable and better shared future. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability Our biggest commitment is to reach carbon neutrality. Atlanta, Georgia, United States. Writing a Marketing Plan . Only through a comprehensive approach can we make transformational and enduring change. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. Additionally, the company is constantly reducing the use of . 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse..
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